SSE supports Colombo Stock Exchange’s 3rd annual governance forum

10 August 2022

The Colombo Stock Exchange (CSE) held its annual governance forum ‘Beyond Basics’ for the third time, titled ‘Beyond Basics: Setting Standards for Climate Disclosure and Action’. The United Nations SSE initiative supported this event by participating in the panel discussion on transparency in climate reporting.  “We congratulate the Colombo Stock Exchange and its partners on prioritizing climate-related disclosures and using this opportunity to educate market participants on the benefits that transparency brings to investors and the broader stakeholder environment,” said Tiffany Grabski, SSE Academy Head. Ms. Grabski participated in the event, providing insight on how investors are using climate-related data, the benefits of enhanced transparency on climate-related risks and opportunities, and what role different capital market participants can play in creating climate-resilient markets.  The forum offered participants an in-depth understanding of the fundamentals and best practices of climate reporting, delivered through a panel of renowned local and global Environment, Social and Governance (ESG) experts. The half-day forum comprised presentations on ‘Connecting the Dots between Climate Action and Disclosure’; ‘Assessing the Climate Impact of your Business & Setting Effective Standards’; ‘The Corporate Approach to Transparency in Climate Reporting’, and a moderated panel discussion on ‘Climate Disclosure & Action – Why Greater Transparency is Vital’. The speakers for ‘Beyond Basics’ included Dr. Ananda Mallawatantri, Country Representative for the International Union for Conservation of Nature (IUCN), Ms. Tiffany Grabski, Academy Head at UN Sustainable Stock Exchanges, Mr. Sanith de S. Wijeyeratne, Director/CEO at The Climate & Conservation Consortium, Mr. Nishantha Hewavithana, Senior Vice President – Research & Strategy at CSE, Mr. Vadakepatth Nandkumar, Advisor – Sustainability Services at DNV Business Assurance India Pvt. Ltd., Ms. Paula Hermogenes Gomes, Circular Economy Manager at British American Tobacco, Ms. Anosha Koralage, Group Head of Sustainability, Enterprise Risk Management & Group Initiatives at John Keells Holdings, and Ms. Imanthi Perera, Corporate Affairs Manager at Ceylon Tobacco Company PLC.

About the SSE

​The SSE initiative is a UN Partnership Programme organised by UNCTAD, the UN Global Compact, UNEP FI and the PRI. The SSE’s mission is to provide a global platform for exploring how exchanges, in collaboration with investors, companies (issuers), regulators, policymakers and relevant international organizations, can enhance performance on ESG (environmental, social and corporate governance) issues and encourage sustainable investment, including the financing of the UN Sustainable Development Goals. The SSE seeks to achieve this mission through an integrated programme of conducting evidence-based policy analysis, facilitating a network and forum for multi-stakeholder consensus-building, and providing technical assistance and advisory services.